Micrometeorites-submillimetre-sized particles derived from asteroids and comets(1-5)-occur in significant quantities in deep sea sediments(1,2,4), and the ice sheets of Greenland(6,7) and Antarctica(8,9). The most abundant micrometeorites are cosmic spherules(3), which contain nickel-rich spinels(10) that were crystallized and oxidized during atmospheric entry, therefore recording the oxygen content in the uppermost atmosphere(10-12). But the use of micrometeorites for detecting past changes in the flux of incoming extraterrestrial matter, and as probes of the evolution of the atmosphere, has been hampered by the fact that most objects with depositional ages higher than 0.5 Mpr show severe chemical alteration(2). Here we report the discovery of unaltered cosmic spherules in a 1.4-Gyr-old(13-15) sandstone(16,17) (red bed) from Finland. From this we infer that red beds, a common lithology in the Earth＇s history, map contain substantial unbiased populations of fossil micrometeorites, The study of such populations would allow systematic research on variations in the micrometeorite flux from the early Proterozoic era to recent times(9) (a time span of about 2.5 Gyr), and could help to better constrain the time when the atmospheric oxygen content was raised to its present level(18-20)